Peso slide pulls down market
The peso’s slide pulled down share prices yesterday following a strong opening at the start of the week......»»
Stocks up, peso falls to 19-month low
The stock market sustained Friday’s momentum opening on a high note yesterday as investors shopped for bargains. The peso meanwhile, retreated to a 19-month low against the greenback......»»
Soaring US Treasury yields pummel Philippines stocks, peso
Local stocks continued their slump, sinking the market to the 6,300 territory as the peso retreated to another 18-month low against the dollar......»»
Stocks, peso fall
The stock market plunged deeper in the red, falling back to the 6,400 level due to economic concerns, while the peso weakened to near all-time low against the dollar......»»
‘BSP ready to mitigate excessive peso volatility’
Monetary authorities are ready to mitigate any “unnecessary movement” and “excessive volatility” in the foreign exchange market as the peso sank to fresh 17-month lows against the dollar, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr......»»
Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Murder case filed vs 5 tagged in slay of Lapu market collector
LAPU-LAPU CITY, Cebu- A murder case was filed against five individuals tagged in the killing of a Lapu-Lapu City market collector. Public Market Executive Assistant for Market Operations, Christopher Ceniza was shot-killed by two individuals riding a motorcycle on January 5, while collecting market fees from the vendors. Two of the suspects, who served as.....»»
Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies
In the unpredictable world of finance, investors often find themselves navigating through an array of strategies and tactics to maximize their returns. Surprisingly, the stock market and online slot games share some intriguing parallels. While one is associated with the thrill of risk and the other with calculated investments, the similarities between the two might […] The post Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies appeared first on Kagay An......»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Toledo Trojans slide down to second place in PCAP team standings
CEBU CITY, Philippines — The Toledo-Xignex Trojans lost the southern division’s top spot after holding it for several weeks in the ongoing Professional Chess Association of the Philippines (PCAP) All-Filipino Conference. It was after the Trojans lost to the northern division’s top-ranked San Juan Predators in their lone scheduled match last Saturday evening, April 27......»»
SM Prime sets interest rates for peso bonds
Sy-led integrated property developer SM Prime Holdings Inc. has set the interest rates for its peso-denominated bonds to raise at least P20 billion......»»
Market plunges on inflation, peso woes
Share prices retreated amid concerns on inflation as well as the peso, which slumped for a second straight trading day to fresh 19-month lows......»»
Weakening peso may affect Pinoys’ travel plans
Filipinos may start cutting their travel spending if the peso continues to lose its value, as airlines are expected to raise airfares to offset their foreign exchange costs......»»
Philippine peso edges closer to record low
The Philippine peso is trading precariously close to its all-time low against the US dollar......»»
Air fares to go up as peso weakens
Low-cost carrier Cebu Pacific expects the cost of air travel to go up if the peso keeps on depreciating, as the airline sources its jet fuel abroad, making it prone to foreign exchange fluctuations......»»
BSP seen defending peso at below 58:$1
The peso has been a “clear laggard” among Asian currencies against the dollar recently, which may prompt the Bangko Sentral ng Pilipinas (BSP) to defend the local unit and keep it below the 58 to $1 level, according to British banking giant HSBC.....»»
The skidding peso again?
The peso is skidding again and no one is paying attention anymore......»»
Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
ERC suspends reserve market settlement
The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»
Bianca in giant third-round slide
Bianca Pagdanganan stumbled big-time in the third round of the JM Eagle LA Championship with a six-over 77 to crash out of the Top 14 and into the near bottom Saturday in California......»»
Kathryn Bernardo, family s new home has elevator, slide, arcade
Ladies and gentlemen, welcome to Casa Bernardo......»»